In recent weeks the Federal Government has announced commitments of more than $2 billion for local community infrastructure funding.
This includes $1.8 billion under the Local Government Infrastructure Stimulus, including a new $500 million Local Roads and Community Infrastructure Program (LRCI Program) and $207 million under Round 4 of the Building Better Regions Fund (BBRF).
Under the LCRI Program, all councils will be able to access funding to support delivery of priority local road and community infrastructure projects. Funding allocations for the LRCI Program have been calculated in a similar way to how the Roads to Recovery Program and the road component of the Financial Assistance Grants works.This formula takes into consideration road length and population and is based on recommendations of Local Government Grants Commissions.
Under the BBRF, 163 infrastructure and community projects are being funded that support local communities affected by drought.
CCF National welcomes these funding announcements, but feels they fall well short of what is required, and we will therefore continue to urge the Government to inject more money into these and other civil infrastructure programs across urban, rural, regional and remote Australia, particularity following the agreement yesterday by Ministers to push an infrastructure led economic recovery.